Dec 21, 2017

2018 Outlook: Gold, Bitcoin

"If people earn more money because central banks create more money they use their additional incomes to bid up prices for everything so I think a lot of prices are gonna be rising not just the price of gold." "I do believe as more people perceive the threat of inflation and see the dangers of what the central banks have been doing I think the price of gold will rise faster than a lot of other prices as people embrace it as a hedge against inflation and as a store of value."

My Blog List

Disclaimer:

Nothing discussed on the website is an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular investing strategy. All securities involve varying amounts of risk, and their values will fluctuate, and the fluctuation of foreign currency exchange rates will also impact your investment returns if measured in U.S. Dollars. Dividend yields change as stock prices change, and companies may change or cancel dividend payments in the future. Investments may increase or decrease in value and you may lose money. International investing may not be suitable for all investors.